TSK - TASK Group Holdings

[Leftfield]

Details of cap raise out today........see here.

• Underwritten A$30.0 million private Placement to institutional and sophisticated and professional investors in eligible jurisdictions.
• Seeking a secondary ASX listing (ASX foreign exempt listing) and maintaining NZX primary listing.
• Non-underwritten Share Purchase Plan (SPP) of up to NZ$5.0 million to enable NZ shareholders to participate on the same terms as the Placement.
• Funds raised to support accelerated expansion of the Company’s global customer base and fund further product innovation.
• Key customer and shareholder McDonald’s will participate in the Placement to maintain its current 9.9% shareholding.
• H1 FY21 revenue growth of 23% to $14.4 million versus prior comparable period.
• Revenue guidance for FY21 of $29.1 million, a 14% increase on FY20.

[winner69]

Methinks this going to go down like a lead balloon

http://nzx-prod-s7fsd7f98s.s3-websit...013/334794.pdf

Jeez H2 revenues forecast to be about the same as last year ...shouldn’t mentioned that

[bull....]

Methinks this going to go down like a lead balloon

http://nzx-prod-s7fsd7f98s.s3-websit...013/334794.pdf

Jeez H2 revenues forecast to be about the same as last year ...shouldn’t mentioned that

i mentioned last quarter that there sales growth was slowing ( mainly to deaf ears and redicule lol ) but now we have the facts and its true. the aus institutions dont want to support a full listing so thats a big negative , tech sell - off in US , slowing growth so im with you winner expect a not so happy day for holders.
the fact they didnt announce pricing for the cap raise means they might be expecting a savage day for the stock following there result so investors will only partipate at lower prices

[Leftfield]

Methinks this going to go down like a lead balloon
Jeez H2 revenues forecast to be about the same as last year ...shouldn’t mentioned that

Mmmm revenue projections based on 'existing' clients and do not include projections of new customer acquisitions.

[777]

the fact they didnt announce pricing for the cap raise means they might be expecting a savage day for the stock following there result so investors will only partipate at lower prices

a$1.13/nz$1.20

[jimdog31]

Mmmm revenue projections based on 'existing' clients and do not include projections of new customer acquisitions.

My fear is the increased IT costs with a lesser increase in revenue?? have they got their costing model correct?

[bull....]

a$1.13/nz$1.20

yes a big discount to current pricing
some on this thread have been saying its a big growth stock so thats a surprise the discount so big dont you think

[jimdog31]

"Total staff and contractor headcount has increased by 69% from 139 to 161"

Is my maths out?

[winner69]

"Total staff and contractor headcount has increased by 69% from 139 to 161"

Is my maths out?

It’s from 95 as at Sept 19

Soon to be 190

[Alpha]

Trading halt